1 Bedroom Granny Flat: How Much You Need To Spend?

The concept of granny flats has become very popular nowadays. You may find so many people utilizing the extra space and converting the same into a granny flat. Not only granny flats are a great way to utilize the extra space, but it also ensures that you can generate extra income from it. Many people put these granny flats at rent, thus making extra money. When it comes to the latest designs to get extra space in your home for a guest arrangement or if you want to invest in an extra property, then buying a granny flat is the best option.

Types of the granny flat:

Based on the space availability, you can decide which type of granny flat you want. For example, you can opt for:

1 bedroom granny flat

2 bedroom granny flat

3 bedroom granny flat

For those who have a smaller space, they can opt for a 1 bedroom granny flat. So, the next important point that pops up is how much does it cost to make a 1 bedroom granny flat. Let explore this ahead in the blog.

Cost for making 1-bedroom granny flat:

When it comes to constructing a 1 bedroom granny flat, then there are various factors that influence the pricing, and these are:

Site cost which includes reports, consultation chargesDesigning and approval, the next factor that impact the pricing of the granny flat is the design of the granny flat. Even in a 1 bedroom granny flat, you can opt for high-end design, and this can impact the pricing.

You can have separate halls, bedrooms, and a small area cut as a kitchen and designed as a balcony also. For any granny flat, you can surely make it office space.

The design of the 1-bedroom granny flat is further going to impact the cost of building the chosen design.

Miscellaneous charges like the desired design, finish, and features. You can hire some of the most professional building experts who can build the right granny flats for you.

Let's elaborate on the pricing using an example, say we are building a 1 bedroom granny flat which has a minimum size of 36m².

Starting Price:

The average costing of building 1 bedroom granny flat is going to range between $80,000 to $120,000. So, when you are choosing a contractor for your work, you must also check with them what all will be included in the pricing. You must not get drifted with lower pricing.

What are some of the key applications for a 1 bedroom granny flat?

Granny flat is not something that you will always have to use for accommodation; rather, you can use it for different purposes, and here we are enlisting a few of them:

• You can convert it into a guesthouse

• Granny flats can also be used for rental purpose

• Airbnb retreat

• You can accommodate your guests, grandparents

• Convert the granny flat into a lounge space

These are some of the popular use of a 1 bedroom granny flat. But the fact is that you must choose a good contractor who will help you build a beautiful granny flat.

Finding the best contract for 1 bedroom granny flat:

1. Choose an experienced contractor

The first thing that you must take into account is that you must choose an experienced contractor. They can assure you a great but even with minimal space.

2. Check their portfolio

Before you hire a contractor, you must check their portfolio and the kind of work they have done previously. It will also give you new ideas to create your granny flat. You can go for checking their tailormade options,

3. Seek references

One of the best ways to find a trusted contractor is by asking your family or friends who have previously hired a contractor. You can see the compact designs for gardens, garages, and balconies also, that can be attached to a granny flat.

With this information, you will be able to find the best contractor in town.